Donald Trump and White House officials walked back a Friday announcement that there would be tariff exemptions on imported electronics.

In a Truth Social post on Sunday, Trump directly denied the tariff exemption announcement.

“This is really mind-boggling. If this was serious industrial policy, the main thing you want is certainty: ‘Here’s the tariff, it will be in place for the indefinite future, and you should plan accordingly,’” Dean Baker, an economist at the Center for Economic and Policy Research, a left-leaning think tank, said, according to The Washington Post. “Here, it’s basically: ‘Come back next week and see what we’ve got.’ That’s no way to run an economy.”

  • whodrankarnoldpalmer@startrek.website
    link
    fedilink
    English
    arrow-up
    31
    arrow-down
    1
    ·
    edit-2
    1 day ago

    It’s almost like your laws had a very good reason for a very long time to disallow the president the power to unilaterally impose tariffs.

    Hell, to unilaterally do MOST things.